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Tuesday, June 2, 2009

China's Purchasing Power

"Chinese Company Said to Be Buyer of Hummer"
--headline, The New York Times (6/2/09)

The bad news is, China's appetite for ever-more trillions of U.S. debt may be waning.

The (mostly) good news?

China's appetite for U.S. assets may just be kicking off . .

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